Apprentice winner Mark Wright sells multi-million pound company he built with Lord Sugar

An Apprentice winner who scooped the top prize and investment from Lord Alan Sugar has sold his business after seven years.

It is the first time one of the companies formed after the show has been successfully disposed of.

Lord Sugar said 2014 winner Mark Wright, who came to the UK from Australia with little to his name, grew big oak trees from just a few acorns.

The two partners have sold digital marketing agency Climb Online to larger peer xDNA for what is believed to be in the region of £10 million.

In the years since it was formed, Climb Online has grown to employ 130 staff and work with brands including TikTok, Emirates airways and Groupon.

Lord Sugar said Mr Wright built the successful company after winning the £250,000 partnership on the BBC show.

“A young boy comes from Australia, skint, totally skint,” he told the PA news … Read more

The Top 3 Reasons to Invest in Lithium Right Now

Lithium prices are expected to push even higher. For one, “To keep up with demand, every existing producer supplying the market today must double every two to three years for the next decade,” Eric Norris, President of Albemarle said. “No producer has been able to do that reliably to date.” Two, Sociedad Quimica y Minera’s Commercial Vice President, Lithium, says “The market needs about 200 to 300,000 tonnes of lithium every year (to meet demand) and that means that you need roughly 8 to 10 new projects coming on stream every year.” Three, according to the CEO of the International Council of Metals and Mineral Mining, Rohitesh Dhawan, as noted by Sky News, “We can see quite a large mismatch between demand and supply. We currently produce around 400,000 tonnes of lithium annually. By 2030, that’s likely to (need to) jump to around two million tonnes. That’s all positive news … Read more

Microsoft co-founder Paul Allen’s art collection fetches record $1.5bn

The sale was billed as “the largest and most exceptional art auction in history”, which experts agreed was not an exaggeration.

It did not take long for such a bold prediction to be fulfilled, as the Christie’s auction of a staggering collection belonging to Paul Allen, the late Microsoft co-founder, broke records in New York, fetching $1.5 billion and becoming the biggest art auction ever held.

On the first of two nights Paul Cezanne’s La Montaigne Sainte-Victoire sold for $137.8 million, more than double the previous record for a piece by the French post-impressionist. Paul Gauguin’s Maternité II fetched $105.7 million, Georges Seurat’s Les Poseuses, Ensemble (Petite version) sold for $149.2 million and Gustav Klimt’s Birch Forest went for $104.5 million.

Lucian Freud’s Large Interior, W11 (after Watteau) sold for $86.3 million and Vincent van Gogh’s Verger avec Cyprès went for $117.2 million.

All were record prices for the artists, … Read more